Legal basis: Paragraph 5.1.22 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state Contents of the report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“PKO Bank Polski SA” or “Bank”) hereby informs that on 1 April 2011 the Supervisory Board adopted resolutions appointing:
- Mr. Piotr Stanisław Alicki for the position of the Vice - President of the Bank’s Management Board,
- Mr. Bartosz Drabikowski for the position of the Vice - President of the Bank’s Management Board,
- Mr. Jarosław Myjak for the position of the Vice - President of the Bank’s Management Board,
- Mr. Jacek Obłękowski for the position of the Vice - President of the Bank’s Management Board,
- Mr. Jakub Papierski for the position of the Vice - President of the Bank’s Management Board. According to the adopted resolutions all above mentioned persons are appointed for the above positions for the joint term of office of the board which will start at the day of the PKO Bank Polski SA Ordinary General Meeting approving the financial statements of the PKO Bank Polski SA for 2010. Information about appointed members of the Management Board: Piotr Stanisław Alicki Piotr Stanisław Alicki (born 1964) is a graduate of the Mathematics and Physics Faculty of Adam Mickiewicz University in Poznan. He has a many years' experience in IT projects management in the banking area. In 1990-98 he worked for Pomorski Bank Kredytowy SA in Szczecin in the Information Science Department – since 1997 as its Director, where he was responsible for designing, development, implementation and operation of the Bank's transaction systems. In 1999-2010 he worked for Pekao SA - at first as the Vice-Director and then the Director of the IT Systems Maintenance and Development Department, and during the last four years he managed the Information Technology Division. He was responsible i.al. for the execution of the IT merger of four banks (Pekao SA, PBKS SA, BDK SA, PBG SA), he implemented the Integrated Information System and managed the IT business analyses area in that bank. He also managed the IT integration and migration from BPH SA systems to Pekao SA systems and participated in the work of the team responsible for the preparation of the whole integration process. In 1999-2010, Piotr Alicki took part in the works of the Polish Banks' Association: in its Steering Committee for the Development of Bank Infrastructure, the Payments System Committee, the Problem Committee for Banking and the Bank Financial Services and the Electronic Banking Council. From 2000 to 2010 he was a member of the Supervisory Council of Krajowa Izba Rozliczeniowa SA (National Clearing Chamber), and since 2005 he has been its President. In 2002-2010 he represented Pekao SA in the Payments System Council functioning under the auspices of the National Bank of Poland (NBP). He also sat on the Supervisory Boards of companies belonging to the Bank Pekao SA Group. He was awarded the distinction of honor by the Chairman of NBP ‘For Services for the Banking System of the Republic of Poland’ and he is the winner of the ‘IT Leader 1997’ and ‘IT Leader 2010’ competition Mr. Piotr Stanisław Alicki on November 2, 2010, he took up the function of the Vice-President of the Bank’s Management Board in charge of IT and services Bartosz Drabikowski Bartosz Drabikowski (born in 1970) is a graduated from the Technical University of Łódź, the Polish National School of Public Administration, Warsaw School of Economics, the Polish Institute of International Affairs and the Executive MBA Programme at the University of Illinois at Urbana - Champaign. He attended numerous academic trainings i.al. in Deutsche Bundesbank, Deutsche Börse AG, Deutsche Ausgleichsbank, Rheinische Hypothekenbank, the European Commission and International Monetary Fund. He received scholarship from the German Marshall Fund of the United States. In 1998 he started his professional career at the Ministry of Finance, where (till 2006) he consecutively took positions of Advisor to the Minister, Deputy Director and Financial Institutions Department Director. In the years 2006-2008 he served as Member of the Management Board of the National Clearing House. Moreover, he served as a member of the Commission for Banking Supervision (2004-2005), member of the Polish Securities and Exchange Commission (2004-2005), deputy member of the Payment System Board at the National Bank of Poland SA (2002 - 2005), member of the Supervisory Board of the National Depository for Securities SA (2002-2004), member of the Board of the Bank Guarantee Fund (2004-2007) and member of the Supervisory Board of the Polish Security Printing Works (1998-2006). In the years 2003 - 2005 he also served as a member of some institutions of the European Union, including the Financial Services Committee, the European Banking Committee and the European Securities Committee. Mr. Bartosz Drabikowski on May 20, 2008, he took up the function of the Chief Financial Officer, Vice President of the Bank’s Management Board in charge of Finance and Accounting. Jarosław Myjak Jarosław Myjak (born in 1955) is a graduated from the Faculty of English Philology (1978) and from the Faculty of Law and Administration (1981) at Adam Mickiewicz University in Poznań. He also studied Economics at University of Toronto. He graduated from programmes: General Management Programme (1998-1999), INSEAD-CEDEP Fontainebleau, Columbia Business School. He is a member of the Warsaw Bar Council and the Warsaw Chamber of Legal Advisers. He worked as a legal adviser for law offices Altheimer & Gray and Dewey & LeBouef. He was responsible for establishing and developing the Commercial Union Group in Poland and Lithuania. He gained seventeen years of experience being a manager of holding, financial as well as proprietary supervision groups. In 2000 -2004, he took position of the President of the Commercial Union Group in Poland and Lithuania. In 1998-2004 he was also the President of CU Poland TUnZ; the Chairman of the Supervisory Boards of Commercial Union companies in Poland and Lithuania such as CU PTE, CU TFI, Asset Management, Transfer Agent and CU Lithuania. Moreover, he served as a member of the Supervisory Board and the Strategic Committee of Citibank Handlowy SA, the Supervisory Board of BGŻ SA and he was the Chairman of the Supervisory Board of PKO BP Finat Sp. z o.o. He is the Vice-Chairman of the Supervisory Board of PZU Życie SA, the Chairman of the Supervisory Board of Bankowy Fundusz Leasingowy and of PKO BP Faktoring SA. In 2006 and since 2008 he has been a Vice-President of the Management Board of PKO Bank Polski SA in charge of corporate banking. He was a member of the Polish Business Roundtable, the Vice-President of PIU and of PKPP ‘Lewiatan’. The Manager of the Year 2002’. Awarded with the ‘Golden Cross of Merit of the Republic of Poland’. Mr. Jarosław Myjak on December 15, 2008, he took up the function of the Vice-President of the Bank’s Management Board in charge of Corporate Market. Jacek Obłękowski Jacek Obłękowski (born in 1965) is a graduated from the Higher School of Pedagogy (Wyższa Szkoła Pedagogiczna) in Olsztyn, , specialty - history and diplomacy. He completed broker course. He is also graduated from the University of Navara – AMP. He started his professional career at Powszechny Bank Gospodarczy S.A. in 1991, where he worked until 1998, initially as a trainee and, following several promotions, as a director of the Network Management Department. In September 1998, he started working at the Bank as director of the Retail Banking Division, director of the Marketing and Sales Department, acting director of the Office for Servicing Compensation Payments and managing director of the Network Division. Between December 2000 and June 2002, he acted as the director responsible for supervision of the business aspects of implementing the central IT platform at the Bank. Until 2004 was the President of the supervisory board of KBU. From 2002 to 2007 was a Vice-President of the Bank’s Management Board responsible for the retail market area and marketing . At thistime he was a Chairman of the Bank’s Credit Committee, the Member of the Council of Directors of VISA EUROPE and was responsible for the acquisition of Inteligo. From 2007 was the President of the Management Board of Dominet Bank SA and from 2009 to 2011, after merger, in BNP Paribas/Fortis Bank Polska SA was at the position of Vice-President of the Management Board responsible for the Division of Servicing Small Enterprises and Individual Clients. Jakub Papierski Jakub Papierski (born in 1972) is a graduate of Warsaw School of Economics and a holder of a Chartered Financial Analyst (CFA) license. He commenced his professional career in 1993 in Pro-Invest International, a consulting company. From 1995 to 1996, he worked for ProCapital Brokerage House and subsequently for Creditanstalt Investment Bank. In March 1996, he started working for Deutsche Morgan Grenfell/Deutsche Bank Research dealing with the banking sector in Central and Eastern Europe. From November 2001 to September 2003, he worked for Bank Pekao S.A. as executive Director of the Financial Division, directly supervising financial and fiscal policy of the bank, managerial information systems, as well as the treasury and management of investment portfolios; moreover, he was a member of the Asset and Liability Management Committee in the Bank. He accepted the position of the president of the Management Board for Centralny Dom Maklerski Pekao S.A. in October 2003. In September 2006, he also took up the position of a Deputy-Chairman of the Supervisory Board of Pioneer Pekao TFI S.A. Since May 2009, Mr. Papierski served as the President of the Management Board of Allianz Bank Polska S.A. and in October 2009 he became the Board’s president. From 2005 to 2009, Jakub Papierski was a Chairman in the Programme Council of Akademia Liderów Rynku Kapitałowego established at the Lesław Paga Foundation; at present, he is a member of the Programme Council. Mr Jakub Papierski on March 22, 2010, he took up the function of the Vice-President of the Bank’s Management Board in charge of Investment Banking. The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna informs: Mr. Piotr Stanisław Alicki, Mr. Bartosz Drabikowski, Mr. Jarosław Myjak and Mr. Jakub Papierski do not conduct any business outside of PKO Bank Polski SA competitive to the business of PKO Bank Polski SA. None of the above persons participates in any business competitive in respect of PKO Bank Polski SA as a partner in a partnership. None of above persons is a member of a governing body of a company competing with PKO Bank Polski SA or a member of any other legal person competing with PKO Bank Polski SA. None of above persons is registered in the Register of Insolvent Debtors. Mr. Jacek Obłękowski declared that:
- does not conduct any business activity outside of PKO Bank Polski SA competitive to the business of PKO Bank Polski SA.,
- does not participate in any business competitive in respect of PKO Bank Polski SA as a partner in a partnership.,
- since the day of taking the position will not be a member of a governing body of a company competing with PKO Bank Polski SA
- since the day of taking the position will not a member of a governing body of any other legal person competing with PKO Bank Polski SA.,
- is not registered in the Register of Insolvent Debtors.